Tag: Wedbush analyst Dan Ives
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Apple is Still a “Top Pick” Heading into New Year 2024
Investors may want to jump on the recent weakness in Apple (AAPL). After an explosive jump from about $130 to $192, Apple could test $250 in the first few months of the new year, we believe. Helping, Wedbush analyst Dan Ives just said, “The iPhone China demise narrative was a great fictional story by the…
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Don’t Rush to Buy Apple Just Yet
Apple (AAPL) could see higher highs after its next pullback. All on potentially strong iPhone sales, says Wedbush analyst Dan Ives. According to Ives, as quoted by Barron’s, “With roughly 240 million iPhones in the window of an upgrade opportunity globally now at play for iPhone 15 and Services re-accelerating into FY24 we view this…
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Why It May be Best to Wait for Microsoft to Pull Back
Microsoft (MSFT) has been unstoppable. After bottoming out around $280, the tech stock just gapped to $325.70. All thanks to its latest batch of earnings. Revenues were up 22% to $45.3 billion. Operating income jumped 27% to $20.2 billion. Net income came in at $20.5 billion GAAP, and $17.2 billion non-GAAP. Both were up 48%…